| STUDENT PLAN |
| Eligibility |
Individual (Minor) |
| Period of Deposit |
• Minimum 0 Years
• Maxmium14 Years |
| Investment |
As per Installment Payment Chart
• Minimum `410 and its Multiple of `410 for 0 month
• Maximum `3805 and its Multiple of `3805 for 14 years |
| Maturity |
`4,24,000/= and in Multiple of `4,24,000/= |
| Nomination |
Available |
| Premature Closure |
No Premature payment will be given |
| Application & Documents |
• Application Form,
• Form 60 or 61 (if Minor Guardian does not have PAN Card);
• Photograph of depositor/s (2 copies) and Minor Guardian,
• Proof of address and other detail as per KYC Norms;
• Any Other document required by Society |
| Terms & Conditions |
• Entry age from 0 to 14 years.
• Policy benefit will be given after the completion of 20 years of candidate
• Scheme holder has to deposit monthly installment till he/she attains the age of 20 years.
• Benefit will be directly credited to the a/c of the scheme holder.
• In the event of scheme holder dyeing-intestate, benefit will be paid to the legal spouse of the holder
• These benefits will go to the holder only if installment has been paid regularly without any break
• Installment deposited is non refundable at any circumstances
• The benefits will be given to account holder at the
• Age 21-` `2,00,000/= and at the Age 23- `2,00,000/= |
| EXTRA BENEFIT |
Account holder will get ` 1,000/= Scholarship from the society for two years for his studies at the age of 19 and 20 |
